News Archive
Reich Buys Huge Site Near Port of Houston
January 10, 2022 - HOUSTON – (Realty News Report) – Reich Brothers acquired the former 1.2 million SF DHL Intermodal Campus in Baytown, with plans to redevelop the property.The DHL facility is located in the 15,000-acre TGS Cedar Port Industrial Park, the nation’s largest rail and barge-served industrial park,The DHL Intermodal...
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Chevron Phillips Chemical completes first commercial sales of Marlex Anew circular polyethylene
January 10, 2022 - Reaching a significant milestone in its efforts to strengthen the circular economy for plastics, Chevron Phillips Chemical (CPChem) announced the first commercial sales of its Marlex Anew circular polyethylene. Using advanced recycling technology to process pyrolysis oil, a feedstock made from difficult-to-recycle waste plastics, CPChem is delivering on its commitment...
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Is a return to normalcy in the cards for Houston’s economy in 2022?
January 2, 2022 - In the record books, 2021 is set to go down as Houston’s best year ever for job growth. But the statistics mask the ups and down, fits and starts, despair and hope that characterized the economy last year.Will 2022 move us close to normal? We asked three local economists,...
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Satterfield & Pontikes Construction acquires Fort Worth firm
December 27, 2021 - Houston-based Satterfield & Pontikes Construction announced the acquisition of Eagle Contracting, a privately held Fort Worth-based general contractor specializing in the water and wastewater industry. Terms were not disclosed.The company will continue to operate under the Eagle Contracting name and be led by Roy Ewen, president, and Billy...
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Fidelis’ Mont Belvieu retail complex a full go
December 22, 2021 - There is hardly any doubt that Mont Belvieu is a growing city. Along with growth comes more residential as well as retail services. Mont Belvieu Crossing is a response to this growth, city officials say. Mont Belvieu Crossing, a Fidelis Realty Partners project that sits at the corner of...
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Chevron Phillips Chemical to build propylene unit in Baytown, Texas
December 14, 2021 - Chevron Phillips Chemical announced today plans to expand its propylene business with a final investment decision for a new C3 splitter unit. The unit’s location will be in Baytown, Texas, within the company’s Cedar Bayou facility. Its expected capacity is 1 billion lbs./year with targeted start...
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Chemical plants expand in Baytown to meet growing plastics demand
December 14, 2021 - Petrochemical giants are expanding their Baytown plants and production capacity to meet rising demand for plastics.Chevron Phillips Chemical on Wednesday became the latest to expand its footprint, announcing plans to build a propylene unit at its Baytown plant. The Woodlands-based company on Wednesday said it made a final decision...
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Exxon Mobil starts construction on $2B Baytown chemical expansion
December 13, 2021 - Construction has started on a roughly $2 billion expansion at Exxon Mobil Corp.’s (NYSE: XOM) petrochemical manufacturing complex in Baytown — the largest in the United States — one of the project’s contractors said.The Irving, Texas-based company is adding an alpha olefins unit and a performance...
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One City, One Baytown: High-quality mall coming
December 10, 2021 - Last weekend, as part of my new “One City, One Baytown” series, I previewed the results of our 2021 Community Survey and the City’s current position on the relocation of the USS Texas battleship. I intend to use this space to deliver my thoughts on several of...
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U.S. Transportation Secretary Pete Buttigieg Announces $12.6 Million in Grants for America’s Marine
December 9, 2021 - WASHINGTON – Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) awarded $12.6 million in grants to nine marine highway projects across the Nation under the America’s Marine Highway Program (AMHP). The funding will help address supply chain disruptions, enhance the movement of goods along our...
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